Wednesday, June 2, 2010

Yahoo News Coverage

By Diane DiPiero, Associated Content

When it comes to plans for a new indoor cycling facility in Cleveland, no brakes are allowed.

Since announcing in January that it had entered a real estate purchase option agreement to build a 150,000-square-foot velodrome in Slavic Village, Fast Track Cycling has moved full speed ahead with acquiring funds for the project. Following an initial grant from the Civic Innovation Lab, Fast Track began a fundraising campaign that so far has brought in about $100,000 toward the $6.5 million that will be needed to build the facility.

The proposed facility would include a standard 250-meter wood cycling track, a 20,000-square-foot sport court and 75,000 square feet of turf field. In addition to drawing local cycling enthusiasts as well as international cycling races, the facility...

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